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Story perspectives

Romania and UK Surge Toward Renewable Energy Goals

8/21/2025

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Story summary
  • Romania targets 38.3% renewable energy by 2030, supported by the EBRD's successful auctions, awarding 2,751 MW and exceeding the 3.5 GW goal. EBRD financing has mobilized nearly €1.25 billion for renewable projects.
  • The UK is investing £50 million in battery storage through the National Wealth Fund, aiming to boost capacity to 23-27 GW by 2030 from 4.5 GW in 2024.